Insolvency Statistics in Canada—Fourth Quarter of 2016

Table 6: Insolvencies Filed by Businesses by Economic Region (ER)
Province or region Volume % Change 12-Month Period Ending
Q4 2016 Q3 2016 Q4 2015 Q3 2016 to Q4 2016 Q4 2015 to Q4 2016 12-31-2016 12-31-2015 % Change
Newfoundland and Labrador 10 6 7 66.7 42.9 28 27 3.7
Bankruptcies 9 5 5 80.0 80.0 22 21 4.8
Proposals 1 1 2 0.0 -50.0 6 6 0.0
Avalon Peninsula 5 1 7 400.0 -28.6 16 17 -5.9
Bankruptcies 4 0 5 -- -20.0 10 13 -23.1
Proposals 1 1 2 0.0 -50.0 6 4 50.0
South Coast – Burin Peninsula 3 1 0 200.0 -- 4 0 --
Bankruptcies 3 1 0 200.0 -- 4 0 --
Proposals 0 0 0 -- -- 0 0 --
West Coast – Northern Peninsula – Labrador 2 1 0 100.0 -- 3 7 -57.1
Bankruptcies 2 1 0 100.0 -- 3 5 -40.0
Proposals 0 0 0 -- -- 0 2 -100.0
Notre Dame – Central Bonavista Bay 0 3 0 -100.0 -- 5 3 66.7
Bankruptcies 0 3 0 -100.0 -- 5 3 66.7
Proposals 0 0 0 -- -- 0 0 --
Prince Edward Island 1 3 3 -66.7 -66.7 13 16 -18.8
Bankruptcies 0 3 3 -100.0 -100.0 7 12 -41.7
Proposals 1 0 0 -- -- 6 4 50.0
Nova Scotia 18 19 17 -5.3 5.9 75 93 -19.4
Bankruptcies 13 17 16 -23.5 -18.8 63 69 -8.7
Proposals 5 2 1 150.0 400.0 12 24 -50.0
Cape Breton 0 0 2 -- -100.0 4 8 -50.0
Bankruptcies 0 0 2 -- -100.0 2 5 -60.0
Proposals 0 0 0 -- -- 2 3 -33.3
North Shore 6 2 6 200.0 0.0 13 14 -7.1
Bankruptcies 4 2 6 100.0 -33.3 11 13 -15.4
Proposals 2 0 0 -- -- 2 1 100.0
Annapolis Valley 2 3 1 -33.3 100.0 9 8 12.5
Bankruptcies 2 3 1 -33.3 100.0 9 7 28.6
Proposals 0 0 0 -- -- 0 1 -100.0
Southern 7 2 0 250.0 -- 13 11 18.2
Bankruptcies 5 2 0 150.0 -- 10 7 42.9
Proposals 2 0 0 -- -- 3 4 -25.0
Halifax 3 10 7 -70.0 -57.1 35 52 -32.7
Bankruptcies 2 8 6 -75.0 -66.7 29 37 -21.6
Proposals 1 2 1 -50.0 0.0 6 15 -60.0
New Brunswick 13 14 21 -7.1 -38.1 59 80 -26.3
Bankruptcies 11 11 20 0.0 -45.0 45 59 -23.7
Proposals 2 3 1 -33.3 100.0 14 21 -33.3
Campbellton – Miramichi 5 3 6 66.7 -16.7 14 19 -26.3
Bankruptcies 4 1 6 300.0 -33.3 10 13 -23.1
Proposals 1 2 0 -50.0 -- 4 6 -33.3
Moncton – Richibucto 4 6 9 -33.3 -55.6 16 28 -42.9
Bankruptcies 3 6 9 -50.0 -66.7 13 21 -38.1
Proposals 1 0 0 -- -- 3 7 -57.1
Saint John – St. Stephen 2 5 2 -60.0 0.0 13 13 0.0
Bankruptcies 2 4 2 -50.0 0.0 10 12 -16.7
Proposals 0 1 0 -100.0 -- 3 1 200.0
Fredericton – Oromocto 2 0 1 -- 100.0 5 6 -16.7
Bankruptcies 2 0 1 -- 100.0 3 4 -25.0
Proposals 0 0 0 -- -- 2 2 0.0
Edmundston – Woodstock 0 1 2 -100.0 -100.0 10 10 0.0
Bankruptcies 0 1 1 -100.0 -100.0 8 5 60.0
Proposals 0 0 1 -- -100.0 2 5 -60.0
Quebec 526 477 581 10.3 -9.5 2,197 2,237 -1.8
Bankruptcies 400 352 447 13.6 -10.5 1,660 1,684 -1.4
Proposals 126 125 134 0.8 -6.0 537 553 -2.9
Gaspésie – Îles-de-la-Madeleine 7 1 5 600.0 40.0 15 15 0.0
Bankruptcies 7 1 4 600.0 75.0 14 12 16.7
Proposals 0 0 1 -- -100.0 1 3 -66.7
Bas-Saint-Laurent 7 12 13 -41.7 -46.2 50 71 -29.6
Bankruptcies 6 10 9 -40.0 -33.3 39 58 -32.8
Proposals 1 2 4 -50.0 -75.0 11 13 -15.4
Capitale-Nationale 45 45 50 0.0 -10.0 201 193 4.1
Bankruptcies 26 32 40 -18.8 -35.0 139 149 -6.7
Proposals 19 13 10 46.2 90.0 62 44 40.9
Chaudière – Appalaches 21 16 22 31.3 -4.5 105 91 15.4
Bankruptcies 16 12 18 33.3 -11.1 80 70 14.3
Proposals 5 4 4 25.0 25.0 25 21 19.0
Estrie 14 10 12 40.0 16.7 52 43 20.9
Bankruptcies 10 9 9 11.1 11.1 42 33 27.3
Proposals 4 1 3 300.0 33.3 10 10 0.0
Centre-du-Québec 25 8 20 212.5 25.0 55 59 -6.8
Bankruptcies 15 5 17 200.0 -11.8 37 45 -17.8
Proposals 10 3 3 233.3 233.3 18 14 28.6
Montérégie 87 78 105 11.5 -17.1 357 381 -6.3
Bankruptcies 73 63 81 15.9 -9.9 289 284 1.8
Proposals 14 15 24 -6.7 -41.7 68 97 -29.9
Montréal 142 137 165 3.6 -13.9 611 650 -6.0
Bankruptcies 109 102 116 6.9 -6.0 455 464 -1.9
Proposals 33 35 49 -5.7 -32.7 156 186 -16.1
Laval 24 24 34 0.0 -29.4 111 123 -9.8
Bankruptcies 16 15 27 6.7 -40.7 80 97 -17.5
Proposals 8 9 7 -11.1 14.3 31 26 19.2
Lanaudière 30 23 33 30.4 -9.1 135 119 13.4
Bankruptcies 23 15 28 53.3 -17.9 106 95 11.6
Proposals 7 8 5 -12.5 40.0 29 24 20.8
Laurentides 54 55 35 -1.8 54.3 226 198 14.1
Bankruptcies 40 34 28 17.6 42.9 157 149 5.4
Proposals 14 21 7 -33.3 100.0 69 49 40.8
Outaouais 17 22 25 -22.7 -32.0 81 94 -13.8
Bankruptcies 13 15 19 -13.3 -31.6 62 71 -12.7
Proposals 4 7 6 -42.9 -33.3 19 23 -17.4
Abitibi – Témiscamingue 5 12 10 -58.3 -50.0 29 25 16.0
Bankruptcies 5 11 10 -54.5 -50.0 28 22 27.3
Proposals 0 1 0 -100.0 -- 1 3 -66.7
Mauricie 23 16 24 43.8 -4.2 85 78 9.0
Bankruptcies 19 15 17 26.7 11.8 70 59 18.6
Proposals 4 1 7 300.0 -42.9 15 19 -21.1
Saguenay – Lac-Saint-Jean 18 14 18 28.6 0.0 57 67 -14.9
Bankruptcies 17 10 17 70.0 0.0 46 56 -17.9
Proposals 1 4 1 -75.0 0.0 11 11 0.0
Côte-Nord 5 2 4 150.0 25.0 20 15 33.3
Bankruptcies 4 2 4 100.0 0.0 15 14 7.1
Proposals 1 0 0 -- -- 5 1 400.0
Nord-du-Québec 0 1 2 -100.0 -100.0 1 10 -90.0
Bankruptcies 0 1 2 -100.0 -100.0 1 8 -87.5
Proposals 0 0 0 -- -- 0 2 -100.0
Ontario 225 217 255 3.7 -11.8 940 1,141 -17.6
Bankruptcies 163 167 202 -2.4 -19.3 691 884 -21.8
Proposals 62 50 53 24.0 17.0 249 257 -3.1
Ottawa 29 23 31 26.1 -6.5 92 149 -38.3
Bankruptcies 19 20 25 -5.0 -24.0 68 118 -42.4
Proposals 10 3 6 233.3 66.7 24 31 -22.6
Kingston – Pembroke 4 6 5 -33.3 -20.0 16 28 -42.9
Bankruptcies 4 4 5 0.0 -20.0 12 24 -50.0
Proposals 0 2 0 -100.0 -- 4 4 0.0
Muskoka – Kawarthas 7 2 5 250.0 40.0 14 11 27.3
Bankruptcies 7 1 4 600.0 75.0 12 10 20.0
Proposals 0 1 1 -100.0 -100.0 2 1 100.0
Toronto 116 112 121 3.6 -4.1 495 583 -15.1
Bankruptcies 82 89 99 -7.9 -17.2 363 457 -20.6
Proposals 34 23 22 47.8 54.5 132 126 4.8
Kitchener – Waterloo – Barrie 16 16 15 0.0 6.7 76 72 5.6
Bankruptcies 14 9 13 55.6 7.7 58 56 3.6
Proposals 2 7 2 -71.4 0.0 18 16 12.5
Hamilton – Niagara Peninsula 14 30 39 -53.3 -64.1 101 132 -23.5
Bankruptcies 12 27 31 -55.6 -61.3 85 92 -7.6
Proposals 2 3 8 -33.3 -75.0 16 40 -60.0
London 16 10 10 60.0 60.0 47 38 23.7
Bankruptcies 9 5 8 80.0 12.5 28 27 3.7
Proposals 7 5 2 40.0 250.0 19 11 72.7
Windsor – Sarnia 16 10 5 60.0 220.0 53 35 51.4
Bankruptcies 13 9 3 44.4 333.3 42 28 50.0
Proposals 3 1 2 200.0 50.0 11 7 57.1
Stratford – Bruce Peninsula 1 2 7 -50.0 -85.7 8 19 -57.9
Bankruptcies 0 1 3 -100.0 -100.0 5 12 -58.3
Proposals 1 1 4 0.0 -75.0 3 7 -57.1
Northeast 1 2 13 -50.0 -92.3 16 59 -72.9
Bankruptcies 0 0 10 -- -100.0 7 50 -86.0
Proposals 1 2 3 -50.0 -66.7 9 9 0.0
Northwest 4 2 1 100.0 300.0 15 10 50.0
Bankruptcies 3 2 0 50.0 -- 10 7 42.9
Proposals 1 0 1 -- 0.0 5 3 66.7
Manitoba 14 10 11 40.0 27.3 52 38 36.8
Bankruptcies 7 9 9 -22.2 -22.2 34 26 30.8
Proposals 7 1 2 600.0 250.0 18 12 50.0
Southeast 0 2 7 -100.0 -100.0 4 8 -50.0
Bankruptcies 0 1 6 -100.0 -100.0 3 7 -57.1
Proposals 0 1 1 -100.0 -100.0 1 1 0.0
South Central 0 0 0 -- -- 8 1 700.0
Bankruptcies 0 0 0 -- -- 6 0 --
Proposals 0 0 0 -- -- 2 1 100.0
Southwest 8 4 0 100.0 -- 13 7 85.7
Bankruptcies 3 4 0 -25.0 -- 8 4 100.0
Proposals 5 0 0 -- -- 5 3 66.7
North Central 0 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
Winnipeg 4 4 3 0.0 33.3 20 16 25.0
Bankruptcies 2 4 2 -50.0 0.0 10 11 -9.1
Proposals 2 0 1 -- 100.0 10 5 100.0
Interlake 2 0 1 -- 100.0 6 1 500.0
Bankruptcies 2 0 1 -- 100.0 6 1 500.0
Proposals 0 0 0 -- -- 0 0 --
Parklands 0 0 0 -- -- 0 2 -100.0
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 2 -100.0
North 0 0 0 -- -- 0 3 -100.0
Bankruptcies 0 0 0 -- -- 0 3 -100.0
Proposals 0 0 0 -- -- 0 0 --
Saskatchewan 28 25 31 12.0 -9.7 117 119 -1.7
Bankruptcies 22 21 23 4.8 -4.3 91 85 7.1
Proposals 6 4 8 50.0 -25.0 26 34 -23.5
Regina – Moose Mountain 16 6 12 166.7 33.3 52 57 -8.8
Bankruptcies 11 5 7 120.0 57.1 40 37 8.1
Proposals 5 1 5 400.0 0.0 12 20 -40.0
Swift Current – Moose Jaw 2 5 2 -60.0 0.0 11 10 10.0
Bankruptcies 2 4 0 -50.0 -- 10 6 66.7
Proposals 0 1 2 -100.0 -100.0 1 4 -75.0
Saskatoon – Biggar 4 5 9 -20.0 -55.6 26 22 18.2
Bankruptcies 4 5 9 -20.0 -55.6 18 19 -5.3
Proposals 0 0 0 -- -- 8 3 166.7
Yorkton – Melville 2 3 3 -33.3 -33.3 11 11 0.0
Bankruptcies 1 3 3 -66.7 -66.7 10 10 0.0
Proposals 1 0 0 -- -- 1 1 0.0
Prince Albert 3 5 6 -40.0 -50.0 12 18 -33.3
Bankruptcies 3 4 5 -25.0 -40.0 10 12 -16.7
Proposals 0 1 1 -100.0 -100.0 2 6 -66.7
Northern 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Alberta 63 35 29 80.0 117.2 168 134 25.4
Bankruptcies 44 27 23 63.0 91.3 121 95 27.4
Proposals 19 8 6 137.5 216.7 47 39 20.5
Lethbridge – Medicine Hat 1 1 0 0.0 -- 2 3 -33.3
Bankruptcies 1 1 0 0.0 -- 2 3 -33.3
Proposals 0 0 0 -- -- 0 0 --
Camrose – Drumheller 1 0 0 -- -- 2 2 0.0
Bankruptcies 1 0 0 -- -- 2 1 100.0
Proposals 0 0 0 -- -- 0 1 -100.0
Calgary 37 18 18 105.6 105.6 84 55 52.7
Bankruptcies 23 14 17 64.3 35.3 59 43 37.2
Proposals 14 4 1 250.0 1,300.0 25 12 108.3
Banff – Jasper – Rocky Mountain House 1 0 1 -- 0.0 2 1 100.0
Bankruptcies 1 0 1 -- 0.0 2 1 100.0
Proposals 0 0 0 -- -- 0 0 --
Red Deer 2 1 2 100.0 0.0 7 9 -22.2
Bankruptcies 2 1 2 100.0 0.0 7 6 16.7
Proposals 0 0 0 -- -- 0 3 -100.0
Edmonton 17 14 6 21.4 183.3 62 47 31.9
Bankruptcies 12 10 1 20.0 1,100.0 41 30 36.7
Proposals 5 4 5 25.0 0.0 21 17 23.5
Athabasca – Grande Prairie – Peace River 3 0 2 -- 50.0 7 14 -50.0
Bankruptcies 3 0 2 -- 50.0 6 9 -33.3
Proposals 0 0 0 -- -- 1 5 -80.0
Wood Buffalo – Cold Lake 1 2 0 -50.0 -- 3 2 50.0
Bankruptcies 1 1 0 0.0 -- 2 1 100.0
Proposals 0 1 0 -100.0 -- 1 1 0.0
British Columbia 46 42 76 9.5 -39.5 199 222 -10.4
Bankruptcies 34 30 47 13.3 -27.7 149 154 -3.2
Proposals 12 12 29 0.0 -58.6 50 68 -26.5
Vancouver Island and Coast 2 6 15 -66.7 -86.7 26 37 -29.7
Bankruptcies 1 4 11 -75.0 -90.9 19 28 -32.1
Proposals 1 2 4 -50.0 -75.0 7 9 -22.2
Lower Mainland – Southwest 35 28 47 25.0 -25.5 125 146 -14.4
Bankruptcies 27 19 27 42.1 0.0 94 97 -3.1
Proposals 8 9 20 -11.1 -60.0 31 49 -36.7
Thompson – Okanagan 3 5 11 -40.0 -72.7 30 26 15.4
Bankruptcies 3 5 7 -40.0 -57.1 25 19 31.6
Proposals 0 0 4 -- -100.0 5 7 -28.6
Kootenay 2 0 0 -- -- 3 1 200.0
Bankruptcies 1 0 0 -- -- 2 0 --
Proposals 1 0 0 -- -- 1 1 0.0
Cariboo 1 1 1 0.0 0.0 3 5 -40.0
Bankruptcies 1 1 1 0.0 0.0 2 5 -60.0
Proposals 0 0 0 -- -- 1 0 --
North Coast 1 0 0 -- -- 1 2 -50.0
Bankruptcies 1 0 0 -- -- 1 2 -50.0
Proposals 0 0 0 -- -- 0 0 --
Nechako 0 0 0 -- -- 2 0 --
Bankruptcies 0 0 0 -- -- 2 0 --
Proposals 0 0 0 -- -- 0 0 --
Northeast 1 0 2 -- -50.0 5 3 66.7
Bankruptcies 0 0 1 -- -100.0 2 1 100.0
Proposals 1 0 1 -- 0.0 3 2 50.0
Northwest Territories 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Yukon 0 0 0 -- -- 0 0 --
Bankruptcies 0 0 0 -- -- 0 0 --
Proposals 0 0 0 -- -- 0 0 --
Nunavut 0 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
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